Asia-Europe rate declines 2.9pc to US$935/TEU, off 2pc to USWC
SPOT rates for shipping containers from Asia to northern Europe in the week ending Friday declined 2.9 per cent to US$935 per TEU, according to the Shanghai Containerised Freight Index (SCFI).
06 August 2017 - 22:00 - Update: 07 August 2017 - 12:49
Asia-Mediterranean trade dropped 2.7 per cent to $859 per TEU, IHS Media reported.
Asia to the US west coast were down two per cent week over week to $1,661 per FEU while those to the east coast were down one per cent to $2,661 per FEU.
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